AI-native physical security startup Coram AI has raised $35 million in a Series B funding round co-led by Ansa Capital and Battery Ventures, bringing its total funding to $66 million. Existing investors UP.Partners, 8VC, and Mosaic Ventures also joined the round.

The company plans to use the new capital to speed up AI product development, strengthen its go-to-market and customer success teams, and expand its engineering presence in India, with a focus on Bengaluru. Coram AI also intends to hire across AI research, software engineering, product development, sales, and marketing as it grows its global operations.

Founded by IIT Delhi alumnus Ashesh Jain and Peter Ondruska, Coram AI builds software for physical security operations. Its platform brings together video surveillance, access control, visitor management, and emergency response systems into one interface. The company says this allows organisations to use their existing cameras and hardware instead of replacing their current security infrastructure.

The funding comes at a time when Coram AI is reporting strong business momentum. The startup said it has quadrupled revenue and tripled its customer base since raising its $13.8 million Series A round last year. It currently serves more than 1,500 sites across the US and Canada, including Fortune 500 companies, school districts, healthcare providers, manufacturers, and municipalities.

For Coram AI, the pitch is not just about recording security incidents but helping teams respond faster. “Most security systems just record what happened. Only later, after a manual search, might you find the incident,” said Ashesh Jain, co-founder and CEO of Coram AI. “The same AI approaches that help autonomous vehicles understand their surroundings can help security teams identify risks earlier and respond faster.”

Along with the funding announcement, Coram AI introduced Deep Investigation, an AI-powered feature that uses autonomous agents to analyse video footage, access control records, and visitor activity across multiple locations. The company said the tool can bring down investigations that earlier took hours or weeks to just minutes.

This funding cycle will allow Coram AI to have more headroom in product development, improve customer service, and leverage its engineering base in India, where there is increasing demand for AI-powered security systems which integrate with existing physical structures.

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